You get a windfall of a few hundred grand. What do you do? (1 Viewer)

[Binky The Doormat]

your mom

Pricey mom. 

Pics?

 

[Long Ball Larry]

It's an 04, it's time.  

Won't someone please think of the depreciation!!

 

[avoiding injuries]

My mtg balance dropped below $300k this past year. I would pay it  off. I have 529s funded for both kids at what I thought was enough, but may have to put more there. 

Both of these really excite me. 

 

[DA RAIDERS]

If it's a serious question....

1.a take $10-$15K and pre pay a really nice vacation.

1. Pay off any non house debt

2 house debt

3 kids college 

4. Savings.

This

 

[FattyVM]

Trade systems I've used before would use the "m" key to multiply by 1000.  So a billion could be keyed in as 1mmm. Figured that is where it came from...

Sounds plausible. Thanks.

 

[DocHolliday]

those are expensive miles.

Not sure why I threw that $ sign in there.  Must have money on the brain.    Thank you for pointing out one of my many mistakes. 

 

[Ignoramus]

I could take like a 10 year hiatus from teaching and not feel any sort of financial pinch.

Then you would probably just sit at home and post cat videos all day long.  

 

[Zow]

Few hundred like 300K? 

Well, with student loans plus IVF plus credit card card there's an easy 100k payoff give or take 10k.  Would undoubtedly want to invest about 100k in various investment vehicles. 

With the remaining 100k: Probably buy myself a new car for like 30k.  Would consider buying a house and putting like 50k down, but would have to give that some serious thought.  Wife really wants to go to Europe so probably 20k for a couple week Europe trip.  If we didn't buy the house and we had the remaining 50k, we may decide to give IVF a shot again depending on the status of fostering.  Otherwise wife would definitely stop working for awhile so maybe throw the 50k in the money market account and use it for daily expenses and just buy higher quality things than normal. 

 

[the moops]

20K for a two week vacation? geez

 

[Sand]

400k?

That's easy - write up my 2 week notice.